boingo

Hussman is a sharp person. Look at his letters for one about "ovoboby" or something to that. Times when markets were over valued, over bought, over bullish, & yield pressures.

From what I can remember, this is run by a former Quantum Fund manager, and is mainly Argentinian real estate and farmland. What has hurt it besides the global economic situation is exchange rates in Argentina and the Hillary Clinton of Argentina taxing the farmers on their exports. I also believe there has been a decent drought in Argentina, but not sure how that affects this company. My opinion is this is one waiting in the wings. Like FFH below $200 or ORH below $36...just a matter of time.

In my opinion, I think this bounceback has already happened off the 90's bubble. The October 2007 high was the bounceback. On a contrarian side, everyone is looking for this, like since it happened once, it will happen again. But of course, WTF do I know? Love the new board, great job Sanjeev.